FERRELLGAS FINANCE CORP
AI Executive Summary
AI-powered analysis of 10-Q filing content
Ferrellgas shows significant financial deterioration with revenue declining 4.6% year-over-year to $1.52B in the nine months ended April 30, 2026. The company's debt structure has dramatically shifted with long-term debt increasing 78% to $1.46B while current portion decreased from $652M to $1.4M, suggesting potential debt restructuring. Cash position weakened 24% to $73.4M while maintaining substantial deficit of $1.07B.
Red Flags Detected (6)
Revenue decline of 4.6% ($1.59B to $1.52B) in core propane business
Cash and cash equivalents decreased 24% from $96.9M to $73.4M
Substantial deficit of $1.07B with limited improvement
3 more red flags detected
Key Takeaways
Core propane business experiencing revenue contraction in challenging market conditions
Debt restructuring appears to have occurred with shift from current to long-term obligations
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.